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  • Report: Houston retail real estate market looks strong in 2014

    Houston – Growth in the Houston retail estate market is expected to follow strong residential real estate growth in 2014. According to a report from NewQuest Properties delivered at the recent BoyarMiller Real Estate Forum, there are about 15 new shopping centers planned or under way in Houston.

    In addition, the Houston retail sector is struggling to keep up with growth in the city and experiencing very low vacancy and default rates

  • Holiday free-for-all is underway

    It promises to be a mad dash to the finish for the nation’s retailers this week with half of holiday shoppers planning to wrap up their holiday shopping online and nearly one third of shoppers yet to begin spending, according to the latest survey results from the National Retail Federation.

  • A new chief for Walmart India

    Walmart has appointed Krish Iyer president and CEO of Walmart India, effective Jan. 20, 2014. He will report to Scott Price, president of Walmart Asia.

  • Wal-Mart names India president

    Bentonville, Ark. – Wal-Mart Stores has named a new president and CEO of its Indian operations. According to multiple media reports, Krish Iyler, who has been a senior VP in Wal-Mart’s international unit since January 2013, will assume his new role on Jan. 20. 2014.

  • NRF: Credit card swipe fee settlement ‘deeply flawed’

    Washington, D.C. -- The National Retail Federation issued the following statement from senior VP and general counsel Mallory Duncan in response to U.S. District Court Judge John Gleeson’s approval of a controversial antitrust lawsuit over credit card swipe fees:

  • Giant-Carlisle expands partnership with Peapod

    Giant Food Stores is expanding its partnership with sister company Peapod again, this time with the launch of a new pickup spot at a store in a town near Philadelphia.

    Giant-Carlisle and online grocery service Peapod, both banners of Ahold USA, announced the launch of the pickup service in Huntingdon Valley, Pa. The store is the 10th Giant location in Pennsylvania to include a Peapod pickup spot.

  • Deadline Extended for Retail Store of the Year Design Competition

    New York -- Due to the holiday rush and related closings, Chain Store Age has extended the deadline for its 32nd annual Retail Store of the Year Design Competition until Wednesday, January 8, 2014.

    More than 20 competition categories are featured, including department stores, supermarkets, discounters, restaurants, convenience stores, specialty stores, service, sustainability and pop-up stores. This year, for the first time, the competition also includes the category of in-store digital innovation.

  • To match or not to match

    Walmart’s ad match policy states that if its customers find an item at another store at a lower price, it will honor the lower price. In fact, the retailer is currently touting its Christmas ad match policy, which covers electronics, toys and grocery produce.

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